Subscribe
Home Finance Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture
FinanceResidential

Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture

October 21, 20263 Mins read497
Share
Apartment building
Photo by Walid Amghar on Unsplash
Share

UDR is moving 19 apartment communities into a $2 billion joint venture in which Apollo-managed funds will invest $1.34 billion for a roughly two-thirds stake, giving the Denver REIT fresh capital for debt reduction and redeployment while it keeps operating the 7,059-home portfolio and holds an option to buy Apollo out later.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Scenery of shopping district Previous post PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers

Featured Content

The Heights at Ponte Vista

The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes 

ByMay 18, 2026


Recent Posts

California Voters Sink Prop 40 Billionaire Tax as Real Estate Donors Join $333MM Opposition

ByNovember 11, 2026
forklift bringing boxed into warehouse

Ross Stores Signs 10-Year, 250,000 SQFT Expansion at Wonderful Logistics Center in Shafter, Pushing Footprint to 4.6MM SQFT

November 11, 2026
Woodland Hills

Douglas Emmett Posts Biggest Office Occupancy Gain Since 2012 as Interest Costs Squeeze Q3 Cash Flow

November 11, 2026
jessi-pena-2amYDWl_rIc-unsplash-san clemente

Coastal Commission Grants OCTA 10-Year Permit for 1,223-Foot San Clemente Seawall, Requires 690,000 Cubic Yards of Sand

November 11, 2026
wesley-tingey-m4FwkIrQn3c-unsplash-home house construction

City Ventures Sells Entitled 62-Townhome Yorba Linda Site to Beazer Homes for $21.8MM, Capping $35.3MM Run of Land Deals

November 11, 2026
San Diego

San Diego Office Vacancy Hits Record 23.7% in Yardi Matrix Data as Asking Rents Slide 4.3%

November 11, 2026
Related Articles
Financing graphic
FinanceLos AngelesResidential

Global Mutual’s Botsford Global Partners Buys Acacia’s 77-Unit Legacy at Westglen in Glendale, Assuming $18.8MM Fannie Mae Loan

Global Mutual's fledgling Botsford Global Partners platform has closed on Acacia Capital's...

ByNovember 11, 2026
RentCafe, Yardi Matrix, San Diego, Los Angeles, Carlsbad, Chula Vista, Long Beach, Anaheim, Hines, USAA Real Estate, Riverwalk San Diego, Toyota of Hollywood, Cityview, Hollywood
FinanceLos AngelesResidential

Condo Developer Buys 19,000 SQFT Koreatown Site Entitled for 210 Micro-Units From 730 Vermont Venture for $3.88MM

A private investor with a condominium track record paid $3.88 million for...

ByNovember 11, 2026
rodrigo-kammer-gvw45dUTPmE-unsplash-ventura
FinanceLos AngelesResidential

Haggerty Family Trusts Sell 48-Unit Kamala Park Apartments in Oxnard for $10.92MM After Nearly 50 Years

Trusts tied to the Haggerty family have sold a three-building, 48-unit 1960s...

ByNovember 11, 2026
Woodland Hills
CommercialFinanceIndustry NewsLos AngelesResidential

Douglas Emmett Posts Biggest Office Occupancy Gain Since 2012 as Interest Costs Squeeze Q3 Cash Flow

Douglas Emmett lifted office occupancy to 76.7 percent in the third quarter...

ByNovember 11, 2026
© Copyright 2007 - 2025 Mighty Dot Media. All rights reserved.